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#1348 by ARRvnpay.vn ↗

VNPay

Vietnamese fintech that sells electronic payment solutions (QR, payment gateway, mobile banking, POS) to banks, telecoms and e-commerce merchants. It is not an AI company.

ARR
$128.3M revenue (est.)
as of Oct 2026
Employees
855
as of Oct 2026
Valuation
—
latest round
ARR / employee
$150K
revenue efficiency
About VNPay

VNPAY (Vietnam Payment Solution JSC) was founded in 2007. It provides QR payments, payment gateways, app-based payments, POS terminals, mobile banking and bill-pay or top-up services. Its customers are more than 40 banks, 5 telcos and over 200 e-commerce enterprises in Vietnam, and it also offers a consumer wallet. It earns money from payment processing and services. Tracxn says it became a unicorn in 2021 at a $1B post-money valuation. Crunchbase lists GIC as an investor, with a round in 2019 (also reported as SoftBank's investment in VNPAY QR). Tracxn counted 1,052 employees in March 2026. Revenue estimates vary widely by source: Latka gives about $128M for 2024, and LeadIQ gives $250–500M for 2026.

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